Uber Eats fails to offset ride-sharing collapse, Quicken Loans IPO, Microsoft bids for all of TikTok
A surge in Uber’s food delivery business was unable to offset a 75 per cent drop in global ride-sharing, Quicken Loans stock jumped 20 per cent in its first day of trading on Thursday, and an FT analy...
7 Aug 20209min
US lawmakers probe loan to Kodak, Zynga earnings, Biden spending
US lawmakers have launched an investigation into a $765m loan by the US government to Eastman Kodak, and two companies, Zynga and Etsy, reported strong quarterly earnings amid the pandemic. Plus, the ...
6 Aug 20209min
Beirut explosion, ETF gold spree, UK tax authority takes on General Electric
Dozens are dead and thousands injured after an explosion rocked Beirut, an income hit at Disney’s theme park has caused a knock on the company’s profits in the latest quarter, and an exchange traded f...
5 Aug 20208min
Trump reverses on TikTok, WTO candidates on judicial system, oil earnings
US President Donald Trump reversed course and dropped his opposition to Microsoft’s bid for TikTok, two leading candidates to head the World Trade Organization say US legal criticisms over dispute res...
4 Aug 20208min
US vows action on Chinese tech, William Spriggs on US labour market
The Trump administration has vowed to “take action” against Chinese software companies that it perceives as a risk to security. Plus, William Spriggs, a professor of economics at Howard University and...
3 Aug 202011min
US big tech companies report colossal earnings, US GDP down, companies cling to share buybacks
Facebook, Amazon, and Apple all reported stellar revenue increases in the latest quarter. The FT’s Richard Waters will explain what that means in the context of Wednesday’s US congressional big tech a...
31 Jul 202010min
Big tech hearings, Qualcomm-Huawei deal, 1MDB scandal
American lawmakers grill the chief executives of four US tech groups over unfair competition accusations, Qualcomm shares soared to a record high after the California chipmaker announced a royalty dea...
30 Jul 202010min
Big tech antitrust hearings, Moderna prices vaccine, Fed extends emergency lending
Moderna is pitching its coronavirus vaccine at about $50 to $60 per course, the Federal Reserve has announced that it will extend emergency lending facilities, the European Central Bank has called on ...
29 Jul 20207min
